A
Excellent
Score: 84/100
Overall (traditional)
A+
Outcome Rating
99/100 · earnings-weighted

Massachusetts Institute of Technology

4-Year Private Non-Profit
📍 Cambridge, Massachusetts 02139
🌐 web.mit.edu/
Massachusetts Institute of Technology — acceptance rate 5%, tuition $59,750
Massachusetts Institute of Technology — acceptance rate 5%, tuition $59,750
Massachusetts Institute of Technology campus, Cambridge, MA
Massachusetts Institute of Technology campus, Cambridge, MA. Photo: Fcb981, this edited version by Thermos, CC BY-SA 3.0 via Wikimedia Commons.
Outcomes
A+
98/100
Affordability
F
28/100
Resources
A+
99/100
Experience
A+
100/100
Prestige
A+
94/100

Two ratings: the overall grade compares colleges the conventional way (outcomes, cost, resources, experience, reputation). The Outcome Rating asks what students earn: 60% wage-adjusted earnings 10 years after enrolling, 25% graduation, 15% retention. Methodology

Quick Stats

11,920
Total Enrollment
96%
Graduation Rate
99%
Retention Rate
3.0:1
Student-Faculty Ratio
5%
Acceptance Rate
N/A
Avg Net Price

Earnings, Debt & Completion

What happens to students who enroll at Massachusetts Institute of Technology, from the U.S. Department of Education’s College Scorecard.

$143,372
Median earnings 10 yrs after entry
$131,633
Median earnings 6 yrs after entry
$14,768
Median debt at graduation
96.4%
Completion rate (within 150% of normal time)
1,560
Average SAT
19.3%
Students receiving Pell grants

Typical debt at graduation equals about 10% of one year’s median earnings ten years after entry.

Earnings rank: 100th percentile among bachelor’s-degree-focused colleges after a partial adjustment for local wage levels (MA wage index 1.29). This drives the Outcome Rating.

Source: U.S. Department of Education College Scorecard, retrieved Oct 2026. Earnings are for federally aided students who enrolled, whether or not they graduated.

Earnings by Major at Massachusetts Institute of Technology

Median pay of bachelor's degree graduates by field of study, and how each program ranks against every college reporting that major — by raw pay and adjusted for state wage levels. Same school, very different paychecks.

Major1 yr after4 yrs aftervs. nationalRank (pay)Rank (wage-adj.)Median debt
Computer Science$154,492$225,141+110%#2 of 349#5$11,077
Mathematics$109,288$174,951+152%#2 of 309#5$9,751
Electrical, Electronics, and Communications Engineering$117,345$161,118+60%#3 of 258#4$10,967
Liberal Arts and Sciences, General Studies and Humanities$103,135$147,998+179%#1 of 476#1$11,935
Mechanical Engineering$83,957$131,967+43%#1 of 318#3$11,507
Physics$54,773$131,025+71%#1 of 107#2$18,500
Mathematics and Computer Science$126,153—————
Chemical Engineering$80,139$122,093+24%#1 of 158#38$17,000
Aerospace, Aeronautical, and Astronautical/Space Engineering—$114,620+17%#5 of 59#24$17,724
Biomedical/Medical Engineering$70,696$111,738+20%#8 of 118#36$13,000
Management Sciences and Quantitative Methods$99,843—————
Materials Engineering$65,919—————
Neurobiology and Neurosciences$48,125—————

Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are for graduates who received federal aid and were working; small programs are not reported.

For parents & investors

The Massachusetts Institute of Technology Town Property Report

  • Avg home value near campus: $1,019,425
  • Avg rent near campus: $3,731/mo — vs ~$1,376/mo campus room rate
  • Top nearby ZIP by cap rate: 02215 (3.8% cap, Boston)

Get the free 1-page report: rent-vs-dorm math, the 3 best nearby ZIPs by yield, and the “kiddie condo” strategy parents use.

✓ Sent — check your inbox

Free — no spam, unsubscribe anytime.

🏆 Where Massachusetts Institute of Technology Ranks

Rankings based on Repit College Grade among schools offering each program.

#4
Systems Engineering
of 38 schools
#4
Financial Mathematics
of 64 schools
#6
Aerospace, Aeronautical, and Astronautical/Space Engineering, General
of 69 schools
#7
Mathematics, General
of 100 schools
#8
Physics, General
of 100 schools
#9
Management Science
of 100 schools
#9
Computer Science
of 100 schools
#9
Mechanical Engineering
of 100 schools
#13
Electrical and Electronics Engineering
of 100 schools
#16
Management Sciences and Quantitative Methods, Other
of 100 schools

Costs & Financial Aid

Tuition & Fees

Category In-State Out-of-State
Tuition $59,750 $59,750
Room $12,380
Board $7,010
Total Cost (On-Campus) $82,730 $82,730

Financial Aid

72%
Receive Any Aid
18%
Receive Pell Grants
8%
Take Out Loans
N/A
Avg Net Price

Student Demographics

11,920
Total Students
44%
Women
97%
Traditional Age (18-24)

👥 Race & Ethnicity

White 23%
Hispanic 10%
Black 5%
Asian 21%
Two or More 7%
Non-Resident 29%

🏠 Living Arrangements

💻 Learning Mode

In-Person 99%
Fully Online 1%

📊 Age Distribution

18-24 (Traditional) 97%
25-64 (Adult) 1%

Frequently Asked Questions

What is the acceptance rate at Massachusetts Institute of Technology?
Massachusetts Institute of Technology has an acceptance rate of 5%. This makes it a highly selective institution where admission is very competitive.
How much does it cost to attend Massachusetts Institute of Technology?
Tuition at Massachusetts Institute of Technology is $59,750 for in-state students and $59,750 for out-of-state students .
What is the graduation rate at Massachusetts Institute of Technology?
The graduation rate at Massachusetts Institute of Technology is 96%. This is considered an excellent graduation rate, indicating strong student success and support systems.
Is Massachusetts Institute of Technology a good school?
Massachusetts Institute of Technology has a Repit College Score of 84/100 (Grade: A). Our rating evaluates five key factors:
  • Outcomes (A+): Graduation and retention rates
  • Affordability (F): Net cost and financial aid access
  • Resources (A+): Class sizes and selectivity
  • Experience (A+): Campus life and learning format
  • Prestige (A+): Reputation and recognition
How many students attend Massachusetts Institute of Technology?
Massachusetts Institute of Technology has a total enrollment of 11,920 students. Most students (97%) are traditional college-age (18-24).

Deciding between a dorm and buying near campus? Run the numbers for Massachusetts Institute of Technology — four years of dorm costs vs. owning, including what you’d recover at resale. Buy vs Dorm calculator →

🎓 Similar Colleges to Massachusetts Institute of Technology

Compare with other 4-Year private non-profit institutions of similar size.

A
Harvard University
Cambridge, MA · 30,386 students
A
Tufts University
Medford, MA · 13,274 students
B+
Northeastern University
Boston, MA · 31,159 students
B+
Boston College
Chestnut Hill, MA · 15,280 students
B+
Babson College
Wellesley, MA · 3,943 students
B
Brandeis University
Waltham, MA · 5,302 students

Data source: IPEDS 2023-24 | Last updated: October 2026 | Methodology